Li Shufu’s profile picture

Li Shufu

Li Shufu’s profile picture
Net worth 2018: $16.91 Billion
Industry: Automotive
Residence: Hangzhou, China
Country: China
BirthDay: 1963
Education: Master of Science, Yanshan University
BIOGRAPHY

Li Shufu was bornon 1963 in Hangzhou, China, China. Li Shufu is #88 in List Billionaires People In The World. Li Shufu chairs Geely Automobile Holdings, one of China's 10 largest automakers and one of few non-government controlled ones. Geely's business and share price have been flying high in the past year on successful SUV sales. His private holding company acquired Volvo in Aug 2010. Li holds an engineering degree from Yan Shan University and is a member of the Chinese People's Political Consultative Conference. Li told Forbes Asia in 2014 he made his first cars from the sand as a boy. "We couldn't afford any toys. I couldn't imagine making a real car."

NET WORTH STATISTIC
2010

$1.8 Billion

2011

$1.9 Billion

2012

$1.5 Billion

2013

$2.2 Billion

2014

$1.85 Billion

2015

$2.4 Billion

2016

$1.7 Billion

2017

$6.7 Billion

2018

$16.91 Billion

TIMELINE
2015

Along with $900m of working capital from Geely and a commitment to build a Volvo factory in China, Mr Li has a target of driving sales to 600,000 by 2015 in the domestic market

1986

Li was launched as the founder and chairman of Geely Automobile in 1986, which is the second largest private automobile manufacturer in China

1963

Li Shufu was born in Taizhou, Zhejiang, China in 1963

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